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Affiliated Bank

Overview:

Affiliated Bank opened our doors in 1959 as Affiliated Federal Credit Union. We were chartered to be a financial institution that would benefit the Affiliated Food Stores, their owners, employees and their families. We began the next step of our journey when the Credit Union converted to a Federal Savings Bank on June 1, 1998. At that time, our asset size was $8 Million.

We made the decision to continue our focus on the financial needs of our current customers as we expanded our portfolio of financial services to include a variety of checking accounts and money market accounts. As we settled into our new name and position in our community, we continued to expand our lending products to include interim construction lending and small commercial lending, as well as establishing commercial checking products.

By May 1, 2000 we had grown to an asset size of $26 Million and we moved to our current location at 500 Harwood Road in Bedford, Texas.

To stay adequately capitalized to support our growth, in May 2001, Affiliated Bank became a stock savings bank, organized in the form used by other commercial banks, most major corporations and a majority of savings institutions. This change enabled expanded operations, including increased lending and investment activities.

In March 2005 having outgrown our Bedford location, we began construction of an additional facility in Arlington that would become our new Main Location. We moved into our new building at 2326 W. Pleasant Ridge Road in Arlington, TX in September. Our Loan and Operations departments are now in the Arlington facility as well.

We are committed to maintaining the high level of service to which our customers have grown accustomed and continue to promote our “community bank” image by providing a comfortable and friendly environment in which to conduct financial business.

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Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

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